Maraging steel, a low-carbon martensitic steel primarily used in aerospace applications, offers an exceptional combination of high tensile strength and toughness, making it ideal for safety-critical components. It contains high amounts of nickel and cobalt, which help in achieving its unique properties through a thermal aging process that enhances strength without sacrificing ductility. The material is widely utilized in various applications, including aircraft landing gear and rocket motor cases, due to its favorable mechanical properties and resistance to environmental degradation.